Andrew Carnegie

The Gilded Age (approximately 1877-99) was characterized by the phenomenal wealth and furthermost reaching power of a handful of men. Kn cause as robber barons, these men ruled the billet world by taking complete control of the industrialization (a transition to an economy based on business and industry rather than agriculture) of the country, to a fault kn birth as the Industrial innovation. The Industrial Revolution happened because of the object and perseverance of small business owners who relied on prove business strategies to keep their companies alive. This is where the robber barons differed greatly from early(a) industrialists: They took risks by experimenting with strategies that no one had ever used before in business. Those strategies, supplemented by the barons greed and desire for power, gave them wealth on the exclusivelyton a bad reputation as well. (Gilded web) Among all the famed robber barons was Andrew Carnegie (1835-1919), owner of Carnegie Steel. ( Gilded web) Carnegie, a Scottish immigrant, born into poorness moved to the United States at the age of twelve. During his time as a teenager, his skills as a telegraph operator caught the guardianship of Tom Scott, superintendent of the Pennsylvania Railroad. Scott hired Carnegie, soon promoted him, and furnish him the specie for his first foray into Wall Street investment.

Carnegie became a millionaire before his 30th birthday, and struck out on his own to reshape the iron and steel industry. Before the Industrial Revolution, the perturbation between the upper classes and the lower classes was non so larg e. in that respect had always been commonw! ealth who had money and the people who did not, but industrialism allowed people in the right circumstances to make to a greater extent money than was ever possible before. Without the working class, robber barons could not pick out elevated themselves to the highest positions in American society. (James rascal 574) Like the other robber barons, Carnegie overworked and underpaid his employees. In doing so, he unbroken his operating costs...If you wish to get a full essay, enunciate it on our website: OrderCustomPaper.com

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